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This query is : Resolved
20 December 2022
We have get in to agreement in March "21 and we are doing Sale registration in Dec"22.
Which date Value we have consider March'21 or Dec"22 and TDS how much owner are NRI
Which date Value we have consider March'21 or Dec"22 and TDS how much owner are NRI
20 December 2022
We have get in to agreement in March "21 and we are doing Sale registration in Dec"22. Which date Value we have consider March'21 or Dec"22 and TDS how much owner are NRI
20 December 2022
Whether any stamp duty was paid at the time of agreement?
Whether any advance was paid at that time (by banking Mode)?
Whether any advance was paid at that time (by banking Mode)?
20 December 2022
at the time of Agreement We paid advance ( through Banking Mode )
20 December 2022
Consider Dec. 22 as sale date. TDS depends upon the period of holding of the property by seller.
If Long term deduct TDS at 20% +cess...
If Long term deduct TDS at 20% +cess...
20 December 2022
In this Case we case we can go with the ( Sec 50 C ) .
20 December 2022
Yes, seller being individual, sec. 50C of the act will be applicable.
20 December 2022
YES SELLER IS INDIVIDUAL AND NRI PERSON
20 December 2022
So deduct TDS at 20%+surcharge+ cess as per value of the property
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20 December 2022
Sir TDS Part OK 23 % all include with interest i will pay from date of Agreement Mar'21
But in Documents Which values we have to consider . For Exp :- at time agreement the value is 18200 on Mar'21 , But now the Value is 32200 in Dec '22 We are paying registration Charges on 32200/- Plz suggest sir
But in Documents Which values we have to consider . For Exp :- at time agreement the value is 18200 on Mar'21 , But now the Value is 32200 in Dec '22 We are paying registration Charges on 32200/- Plz suggest sir
20 December 2022
As you are registering the sale deed at 32200/-, and as the agreement was not registered, you need to deduct TDS at 32200/- only. You may take the sale deed date as date of transaction, and need not pay interest.
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